The correct answer is the agent and principal will be jointly and severally liable on the contract.
In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.
When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.
Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.
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Peer pressure is the notion of mutual friends coxing you into a rash situation and you, in a attempt to fit in, you agree to such a situation. This is bad and it’s practically impossible to avoid unless you care not for those opinions of those you hang around
Have a peer pressure filled day (jk btw lol)
The correct answer is that there were $51,700 work of gift cards redeemed during the year.
In order to determine the correct answer you need to start with the total balance of the unearned revenue account, which is $6,800. To the starting balance you need to add the amount of gift cards purchased throughout the year, which is $55,000. This total is $61,800. The last step is to subtract the ending balance of the unearned revenue from the total ($61,800 - 10,100), which equals $51,700. $51,700 is the amount of gift cards redeemed during the year.
<u>Yes, that's allowed</u> to ethical for a Realtor to represent buyer and seller.
<h3>Briefing:</h3>
Transaction brokerage describes the circumstance to which you're referring. When your real estate professional represents a buyer client who is interested in buying the property in which you are the seller client, this service option is known as transaction brokerage.
<h3>Who is a called buyer?</h3>
In a buyer's call, a buyer and seller agree to purchase a commodity at a set price that is higher than the price of a futures contract for the same grade and quantity.
<h3>Who is called a seller?</h3>
Any person or organization that makes any kind of good, service, or financial asset available for purchase is a seller. Short selling is obtaining securities that are not one's own to sell in order to purchase them back at a cheaper cost. The term "writer" refers to a person who sells options and receives the premium from the buyer.
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Starbucks repurchased over $1.4 billion of its common stock in 2015. How did this repurchase affect Starbucks' ROE?
